The lawsuit is the result of a yearslong investigation into the company’s businesses and one of the most significant legal challenges brought against it in its nearly 30-year history.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Nation & World, News, Politics
Congress in crisis mode as Senate unveils bipartisan bill to avoid government shutdown
The House is expected to launch a vote, but it’s not clear if Speaker Kevin McCarthy has the support needed as far-right holdouts demand steeper spending cuts.
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Posted inBusiness, Nation & World, News, Politics
Biden visits UAW picket line, tells union to ‘stick with it’
Sitting presidents, who have to balance the rights of workers with disruptions to the economy, supply chains and other facets of everyday life, have long wanted to stay out of the strike fray.
Posted inBusiness
Why the U.S. job market has defied rising interest rates and expectations of high unemployment
The Fed’s cure seems to be effective at curbing inflation, but the unemployment rate has scarcely budged since the first of 11 rate hikes was imposed.
Posted inBusiness
Photo giant Getty took a leading AI image-maker to court. Now it’s also embracing the technology
Getty Images has a huge collection of stock photographs, but if none of them floats your boat, it will make a new one to specs, on the spot.
Posted inArts & Entertainment, Business
Here’s when your favorite show may return as writers strike is on the verge of ending
A tentative agreement between striking screenwriters and Hollywood studios offers some hope that the industry’s dual walkouts may be over soon
Posted inArts & Entertainment, Business
Screenwriters wait to learn terms of deal with Hollywood studios to end historic strike
The Writers Guild of America said in an email to member that the deal was ‘exceptional – with meaningful gains and protections for writers in every sector of the membership.’
Posted inArts & Entertainment, Business
Contract deal brings tears of joy to Hollywood writers, and relief to a city scarred by strikes
The Writers Guild of America released an official statement to its members calling the tentative agreement ‘exceptional.’
Posted inBusiness, Maine, Morning Sentinel
Waterville Planning Board to consider 2 plans that would provide 43 apartments
The larger project is a 37-unit apartment complex proposed by KVCAP in the city’s South End, while the second one seeks to build six downtown units on Main Street.
Posted inBusiness, Maine, Nation & World, News
Biddeford manufacturer provided critical piece for NASA’s asteroid mission
Fiber Materials Inc., which was recently acquired by Spirit AeroSystems, produced the space capsule’s heat shield, the company’s latest contribution in a string of NASA missions.